Klamath County, OR
Housing, jobs, water, deposits and federal obligations for this county, each figure with the release it came from. Internal point 42.68, -121.65.
Assembled 2026-10-06. Read the brief.
- 71st pct · 880th of 3,063 US counties · median $234,566
- 17th pct · 30th of 36 Oregon counties · median $432,775
- 25th pct · 2,278th of 3,063 US counties · median +2.9%
- 45th pct · 20th of 36 Oregon counties · median +0.6%
- 28th pct · 1,007th of 1,399 US counties · median $1,496
- 4th pct · 24th of 25 Oregon counties · median $1,753
- 73rd pct · 839th of 3,221 US counties · median 8,232
- 62nd pct · 14th of 36 Oregon counties · median 15,683
- 56th pct · 1,389th of 3,221 US counties · median $1,039
- 48th pct · 19th of 36 Oregon counties · median $1,074
- 72nd pct · 829th of 3,063 US counties · median 4.3
- 20th pct · 29th of 36 Oregon counties · median 6.8
Typical home value divided by the average annual wage of one covered job.
A percentile here is a min-max scaling of average rank: the smallest published value in the cohort is 0 and the largest is 100, and tied values share the average of the ranks they span. It is not the share of entities below the value, so 0 means smallest, not none below. Entities that did not publish the metric are outside the cohort entirely and are counted in neither the rank nor its denominator.
Home values #
Typical home $308,656 (Aug 2026), +0.6% over one year, +22.9% over five
- 71st pct · 880th of 3,063 US counties · median $234,566
- 17th pct · 30th of 36 Oregon counties · median $432,775
| Item | Value | Distance |
|---|---|---|
| Klamath County, OR | $308,656 · +0.6% 1-yr |
Zillow Home Value Index (ZHVI), typical value of homes in the 35th to 65th percentile, smoothed and seasonally adjusted; a model estimate of value, not a sale price. Data through Zillow Research.
Rents #
Typical rent $1,272/mo (Aug 2026), +1.7% over one year; price-to-rent 20.2
- 28th pct · 1,007th of 1,399 US counties · median $1,496
- 4th pct · 24th of 25 Oregon counties · median $1,753
| Item | Value | Distance |
|---|---|---|
| Klamath County, OR | $1,272/mo · +1.7% 1-yr |
Zillow Observed Rent Index (ZORI), smoothed, all homes and multifamily; price-to-rent = typical home / (typical rent × 12).
What the typical home costs to carry #
Principal and interest of $1,689 a month on $308,656 at 7.28%, against an average weekly wage worth $4,641 a month: 36.4% of one job’s pay.
- payment = P·r / (1 − (1+r)^−n), P = $308,656 × 80% = $246,925, r = 7.28%/12 (Freddie Mac PMMS via FRED, 2026-10-01), n = 360 → $1,689/mo principal and interest
- wage share = payment / (avg weekly wage $1,071 × 52 / 12 = $4,641) = 36% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
- years of wages = $308,656 / ($1,071 × 52) = 5.5
- price-to-rent = $308,656 / ($1,272 × 12) = 20.2
The wage is one covered job’s average, not a household’s income, so this is the share of a single paycheque and not a mortgage underwriting ratio.
Estimate. Principal and interest on the typical home with 20% down over 30 years at this week's Freddie Mac average rate; compared with the average weekly wage of all jobs covered by unemployment insurance in the area (BLS QCEW), which is pay per job, not household income.
Jobs & wages #
23,181 jobs at 2,211 employers (2026 Q1); -1.3% jobs and +4.6% average weekly wage over the year
- 73rd pct · 839th of 3,221 US counties · median 8,232
- 62nd pct · 14th of 36 Oregon counties · median 15,683
| Item | Value | Distance |
|---|---|---|
| Klamath County, OR | 23,181 jobs · $1,071/wk · -1.3% YoY |
| NAICS sector | Jobs | Avg weekly wage | Location quotient | Jobs over the year |
|---|---|---|---|---|
| Health care and social assistance | 4,661 | $1,251 | 1.34 | +1.0% |
| Retail trade | 3,119 | $699 | 1.38 | +2.2% |
| Accommodation and food services | 2,233 | $473 | 1.07 | +0.0% |
| Manufacturing | 1,450 | $1,322 | 0.78 | -6.9% |
| Construction | 1,096 | $1,054 | 0.90 | +1.8% |
| Other services | 879 | $611 | 1.27 | -6.7% |
| Agriculture, forestry, fishing | 825 | $906 | 4.93 | -1.3% |
| Professional and technical services | 706 | $1,261 | 0.44 | -6.4% |
| Wholesale trade | 671 | $1,104 | 0.76 | -8.0% |
| Transportation and warehousing | 544 | $1,111 | 0.56 | -3.2% |
| Finance and insurance | 467 | $1,638 | 0.49 | +4.0% |
| Administrative and waste services | 387 | $749 | 0.29 | +2.7% |
BLS Quarterly Census of Employment and Wages, all ownerships, total covered employment in the quarter's third month; over-the-year changes as published. Suppressed cells stay blank.
Drought #
D1 moderate drought
Sites found: 5, searched within 0 km of this place’s internal point. That is a disc around a point, not the area itself: sites outside the boundary are included, and sites inside it further than 0 km away are not.
US Drought Monitor current week; the highest class of any polygon containing the point.
Reservoirs #
Surface water layer not loaded
Sites found: 0, searched within 150 km of this place’s internal point. That is a disc around a point, not the area itself: sites outside the boundary are included, and sites inside it further than 150 km away are not.
Σ(capacity × percent full) / Σ capacity over TWDB reservoirs within 150 km. Texas only; elsewhere USGS reservoir elevation/storage is listed without a capacity to normalise by.
Stream gauges #
Surface water layer not loaded
Sites found: 0, searched within 75 km of this place’s internal point. That is a disc around a point, not the area itself: sites outside the boundary are included, and sites inside it further than 75 km away are not.
USGS latest readings screened against EPA freshwater criteria (DO ≥ 5 mg/L, pH 6.5–9, conductance, turbidity, temperature); NWS flood categories where a NWPS gauge is co-located.
Groundwater #
No USGS monitoring wells within 75 km (or above 1,500 km)
Sites found: 0, searched within 75 km of this place’s internal point. That is a disc around a point, not the area itself: sites outside the boundary are included, and sites inside it further than 75 km away are not.
USGS latest daily water levels. A single latest reading says where the table is, not which way it is moving; select a well for its 365-day trace.
Water stress #
moderate (0.25)
Σ wᵢ·termᵢ / Σ wᵢ = 0.35×0.25 / 0.35
Banks & federal dollars #
$1.1 bn in deposits at 10 offices of 7 banks (SOD June 2026); HHI 1,979, highly concentrated. $621.7 m federal obligations in FY2026 (direct payments $543.5 m, contracts $56.0 m), $26,821 per covered job
| Item | Value | Distance |
|---|---|---|
| Columbia Bank | $327.9 m · 31.0% share · 3 offices | |
| WaFd Bank | $194.0 m · 18.3% share · 2 offices | |
| U.S. Bank National Association | $178.0 m · 16.8% share · 1 office | |
| Klamath, OR | $621.7 m FY2026 · $26,821/job | |
| MULTIPLE RECIPIENTS | $506.2 m · top recipient FY2026 |
| Institution | Deposits | Share | Offices |
|---|---|---|---|
| Columbia Bank | $327,856,000 | 31.0% | 3 |
| WaFd Bank | $194,028,000 | 18.3% | 2 |
| U.S. Bank National Association | $177,965,000 | 16.8% | 1 |
| JPMorgan Chase Bank, National Association | $150,824,000 | 14.2% | 1 |
| Wells Fargo Bank, National Association | $134,601,000 | 12.7% | 1 |
| First Interstate Bank | $64,499,000 | 6.1% | 1 |
| People's Bank of Commerce | $9,179,000 | 0.9% | 1 |
Deposit concentration is 1,979 across 7 banks, which the 1995 Department of Justice bank merger screen calls highly concentrated.
HHI = Σ (share %)² over 7 banks with deposits in the county = 31.0² + 18.3² + 16.8² + … (4 more) = 1,979
FDIC Summary of Deposits: deposits at every insured office as of June 30, annual; HHI is the sum of squared county deposit shares (DOJ 1995 bank merger screen: 1000 / 1800). USAspending: obligations by place of performance for the latest complete federal fiscal year (Oct 1 to Sep 30), what agencies committed, not what they paid out; recipients are legal entities. Per-job divides obligations by BLS QCEW covered employment.
Federal obligations #
USAspending place-of-performance obligations for FY2026, by awarding agency.
| Awarding agency | Obligations |
|---|---|
| Social Security Administration | $406,535,972 |
| Department of Veterans Affairs | $88,892,189 |
| Department of Transportation | $45,905,493 |
| Department of Agriculture | $20,867,055 |
| Department of the Interior | $15,445,569 |
| Department of Housing and Urban Development | $14,262,523 |
| Railroad Retirement Board | $10,272,867 |
| Department of Education | $10,013,381 |
| Department of Health and Human Services | $4,070,901 |
| Department of Energy | $1,850,000 |
| Department of Defense | $1,556,484 |
| Federal Communications Commission | $1,036,767 |
That is $26,821 per covered job, against 23,181 jobs in the 2026 Q1 QCEW quarter.
per job = FY2026 obligations $621.7 m / 23,181 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $26,821
USAspending obligations are recorded where the work is performed, so a prime award performed here is counted here even when the recipient is headquartered elsewhere. Recipients are legal entities, never people.
National context, not this county #
These are United States, single-gauge, single-state and port series. None of them is keyed to this county.
| Series | Latest | As of | Change |
|---|---|---|---|
| Mississippi River at Memphis, stage · ft | not published | not published | |
| Mississippi River at St. Louis, stage · ft | not published | not published | |
| Ohio River at Louisville, stage · ft | 12.69 | 2026-10-05 | +3.3% |
| Missouri River at St. Joseph, stage · ft | not published | not published | |
| Colorado River below Hoover Dam, flow (Hoover releases) · ft³/s | 5,170.00 | 2026-02-05 | -25.3% |
| Texas reservoirs, statewide percent full · % | 72.60 | 2026-10-06 | +0.0% |
| Laredo truck crossings, monthly · trucks | 258,700.00 | 2026-08-01 | -0.4% |
| Los Angeles + Long Beach container volume, annual · TEU | 10,513,167.00 | 2023-01-01 | -13.5% |
| Containerships waiting for a berth, all US ports · ships | 6.00 | 2026-09-22 | -14.3% |
| Shanghai to Los Angeles container rate · $ per 40 ft box | 6,830.00 | 2026-08-01 | +7.4% |
| US diesel retail price · $ per gallon | unavailable | not published | |
| WTI crude oil, spot · $ per barrel | 96.16 | 2026-09-29 | -3.2% |
| 30-year fixed mortgage rate · % | 7.28 | 2026-10-01 | +3.6% |
| Housing starts, annual rate · thousands of units | 1,275.00 | 2026-08-01 | -2.6% |
| Building permits, annual rate · thousands of units | 1,403.00 | 2026-08-01 | -2.1% |
| Case-Shiller US home price index · index, Jan 2000 = 100 | 337.31 | 2026-07-01 | +0.1% |
| Unemployment rate · % | 4.20 | 2026-09-01 | +2.4% |
| US goods and services trade balance, monthly · $ millions | -105,572.00 | 2026-08-01 | -13.7% |
| Retail sales excluding food services, monthly · $ millions | 646,347.00 | 2026-08-01 | +1.1% |
The indicator registry has no county-keyed series and no geographic selection: every entry is national, a named gauge, a single state or a port. They are here as the backdrop the county's own numbers move against, and they are never this county's readings.
What changed #
Klamath County, OR: 9 findings, 4 at a watch level and 5 noted
watchKlamath County, OR's covered employment is -1.3% against a year earlier, a watch level here: covered employment below the same quarter a year earlier (BLS QCEW over-the-year percent change, as published; not an official level). The previous published period is not in this table, so this is a standing level rather than a change.
Period 2026 Q1.Show the arithmetic
- test: jobs.yoy.emp = -1.3 < 0
BLS QCEW over-the-year percent change, as published; not an official level
watchKlamath County, OR's typical home value of $308,656 scores 71 on the 0-to-100 scale across US counties but 17 across Oregon counties, a gap of 54 points.
Period 2026-08.Show the arithmetic
- 54 = |71 across US counties - 17 across Oregon counties|
position among the entities that published this metric this period; not an official level
watchKlamath County, OR's years of wages of 5.5 scores 73 on the 0-to-100 scale across US counties but 20 across Oregon counties, a gap of 53 points.
Period 2026-08.Show the arithmetic
- 53 = |73 across US counties - 20 across Oregon counties|
- typical home value / (average weekly wage × 52); one average covered job, not a household
position among the entities that published this metric this period; not an official level
watchKlamath County, OR's price-to-rent ratio of 20.2 scores 75 on the 0-to-100 scale across US counties but 33 across Oregon counties, a gap of 42 points.
Period 2026-08.Show the arithmetic
- 42 = |75 across US counties - 33 across Oregon counties|
- typical home value / (typical rent × 12); Zillow ZHVI over ZORI, same month
position among the entities that published this metric this period; not an official level
noteKlamath County, OR's average weekly wage was 4.6% higher than the same quarter a year earlier in 2026 Q1, on BLS QCEW's published over-the-year change.
Period 2026 Q1.Show the arithmetic
- +4.6 % = BLS QCEW over-the-year percent change for 2026 Q1, as published
- the newest QCEW file carries no year-earlier level, so no move from one level to another is printed
BLS QCEW over-the-year percent change, as published
Read all 9 findings in the full brief
Every finding is produced by a fixed rule table and a fixed sentence for each rule. Nothing here is generated prose.